Company Presentation

NORECO Stavanger, 5 August 2008: Norwegian Energy Company ASA (Noreco - OSE:NOR), An updated company presentation dated 5 August 2008 is attached.

For further information, please contact: Scott Kerr, CEO (+47 992 83 890) Einar Gjelsvik, Vice President Investor Relations (+47 992 83 856)



LINK: http://hugin.info/138447/R/1240677/266188.pdf

NORECO

http://www.noreco.com

ISIN: NO0010379266

Stock Identifier: XOSL.NOR